VasilyChernogorov

Service

Tax optimisation for your business and your income as its owner

We calculate whether the tax burden on your business and personal income can be reduced legally and whether the changes will pay for themselves. You receive a calculation and a recommendation: whether to change the structure, and how.

For owners of established businesses from Europe and the CIS.

Discuss your needs Introductory call with Vasily · 30 minutes · free
A conversation at a meeting-room table: two people discussing documents, with Dubai outside the window

Who it is for

I want to reduce my tax burden

“The current tax burden on my business and my income is high. I want to reduce it legally, and I want the cost of the changes to pay off.”

What you receive

A comparative calculation of the current and proposed structures: taxes for the business and the owner, the cost of the changes, annual running costs and the payback period.

I want to know whether I need a UAE company

“Everyone around me is opening companies in Dubai. Do I need one, and what could it give me?”

What you receive

A calculation with a “yes / no” conclusion on a UAE company: the benefits, the costs of setting it up and maintaining it, and the obligations.

As a guide, the analysis suits a business with an annual profit of €100,000 or more: with a lower profit, the cost of the analysis and the changes may be out of proportion to the benefit. This is not a strict threshold: we assess whether the work makes sense based on what you need.

What the calculation covers and what you receive

What we doWhat you receive
We analyse the current structure, income and cash flows
What you receiveA calculation of the current tax burden of the business and the owner
We compare keeping the current structure with the applicable options for change – by taxes, costs and risks
What you receiveA comparison of the options: separately, the tax reduction and the net benefit after the costs of maintaining the structure, the one-off costs of the changes and their payback period
We check the tax provisions on which the recommendation depends with specialist professionals in the relevant countries
What you receiveThe recommendation rests on verified provisions. This check is part of the agreed analysis
We set out the conclusion
What you receiveA recommendation: whether to change the structure, which option to choose, whether a UAE company is needed and what implementation would require

You receive the calculation and a written recommendation in electronic form. They set out the current situation, a comparison of the options, taxes and costs, the conditions under which the savings are achieved, and the main risks. For the recommended option, we indicate the main changes to how the business operates and the actions the owner must take to achieve the calculated result. You can see how much the changes cost and under what conditions they are justified.

The recommendation does not depend on any further order

  • The analysis is a standalone piece of work with its own result. The recommendation does not depend on whether you engage us to set up a company.
  • If the changes do not make economic sense, or you do not need a UAE company, we say so in the recommendation. That conclusion is also a result of the analysis.
  • We propose only solutions that comply with the law. We do not offer questionable tax arrangements, nominee directors or a company presence that exists only on paper.

What is included in the analysis and what we agree separately

Before work begins, the proposal sets out the scope of the analysis, the deliverables, our fee and the timeline or how it will be determined. We agree in advance which companies, income and countries we consider and over what period we calculate the financial effect.

Implementation

The analysis can be ordered on its own. It includes the main conditions for implementing the recommended option. A detailed plan and implementation support are separate work: we agree its scope and cost if you decide to go ahead. Implementation is organised with specialist professionals.

A specialist’s written opinion

Checking the tax provisions on which the recommendation is based is part of the agreed analysis. A separate written opinion from a tax or legal specialist is an additional document: we agree whether it is needed and what it costs before it is prepared.

Company setup and ongoing support

If, following the analysis, you set up a UAE company, these are separate services: “UAE Company Setup” and “Ongoing Company Support”.

Input data and countries

In the calculation we state the input data, assumptions and limitations that could affect the conclusion. Before the contract is signed, we confirm which countries’ tax matters the analysis covers and which specialist professionals are involved.

How the work proceeds

  1. Introductory call

    With Vasily, 30 minutes, free. We clarify what you need, the countries involved and the next step. Calculations and solution design are carried out as part of the agreed work.

  2. Written proposal

    Scope of the analysis, our fee, and the timeline or how it will be determined.

  3. Agreement, contract and initial payment

    We agree what information is needed for the calculation. Work begins after an initial payment.

  4. Calculation

    You provide the information; we calculate and compare the options. You have a single point of contact.

  5. Handover

    We hand over the calculation and the recommendation. On a closing call we go through the options, conditions and risks and answer your questions about the results of the analysis.

  6. Final payment

    You pay the remaining balance once you have accepted the work.

Why us

Vasily Chernogorov

holds the introductory call, takes part in developing the solution and is responsible for the quality of the result. Tax provisions are checked by specialist professionals in the relevant countries; you have a single point of contact.

Vasily and the team

We assess the overall costs and financial benefits

Before any changes are made, you can see the taxes, the costs of implementation and maintenance, and the payback period. Behind the calculation are more than 15 years of leadership experience in finance and business management at large international companies.

We connect analysis, setup and ongoing support

If, following the analysis, you decide to set up a company, you can order the setup and ongoing support from us: you do not have to coordinate different providers yourself.

Frequently asked questions

What will you need from me for the calculation?

Information about the structure of the business, its income and cash flows, where the business operates and where the owner lives. We agree the exact list after the introductory call. In the calculation we state the input data and assumptions on which the conclusion is based.

Who prepares the calculation and checks the tax conclusions?

We prepare the calculation and the recommendation. The tax provisions on which the recommendation depends are checked with specialist professionals in the relevant countries: this check is part of the agreed analysis. A separate written opinion from a specialist is an additional document; we agree in advance whether it is needed and what it costs.

Which countries do you work with?

We work with business owners from Europe and the CIS. Before the contract is signed, we confirm which countries’ tax matters the analysis covers and which specialist professionals are involved. Before starting, we assess whether we can deliver your project to a high standard and within the required timeframe. If we see limitations, we discuss them with you straight away and do not take on commitments we cannot meet.

Do you guarantee tax savings?

We calculate the expected tax savings from your data and show the conditions under which they are achieved. Provided the initial conditions and current rules remain unchanged and the chosen solution is implemented correctly, the calculation shows what savings you can expect. Before you decide, we explain the assumptions and risks that could affect the outcome.

Do I have to set up a UAE company after the analysis?

No. The analysis can be ordered on its own. If you do not need a UAE company, or the changes do not make economic sense, we will say so in the recommendation.

How much does the analysis cost and how long does it take?

The fee and the timeline depend on what you need. After the introductory call you receive a written proposal: the scope of the analysis, our fee, and the timeline or how it will be determined.

Discuss your needs

The first step is an introductory call with Vasily: 30 minutes, free.

Tell us which countries the business operates in and where you live, what the business does and what you would like to change.

Additional details – optionalcontact method, services, language of the call, country
Which services are you interested in? You can choose more than one.

You can speak with us in Russian or English. Where needed, we arrange for an interpreter in advance. For German, Czech and French, the conversation takes place with an interpreter’s help. We choose the language so that you can explain your situation comfortably.

Discuss your needs